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Sherritt to Release Fourth Quarter 2008 Financial Results

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sherritt International Corporation ("Sherritt") (TSX:S) is scheduled to release its fourth quarter 2008 earnings results on Wednesday, February 25, 2009, before markets open. The release will be followed by an analyst conference call at 2:00 p.m. (Eastern Time).

The live audio webcast will be available on Sherritt's website www.sherritt.com, or via teleconference at 800-732-9307 or 416-644-3416.

An archive of the webcast will also be available on the website. A replay of the conference call will be available until March 26, 2009 and can be accessed at 877-289-8525 or 416-640-1917, pass code 21294258#.

About Sherritt

Sherritt is a diversified natural resource company that produces nickel, cobalt, thermal coal, oil, gas and electricity. It also licenses its proprietary technologies to other metals companies.

Sherritt's common shares are listed on the Toronto Stock Exchange under the symbol "S".